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9# Binary options divergence strategy with bollinger bands

Binary options strategy one touch Divergence with bollinger bands

 

Submit by Joy 22 18/06/2013

 

Divergence Method of the trading.

What 's divergence?

In an up trend that will setup as a bearish trade, you 'll see the price making higher highs but you'll see the indicator making lower high.

In opposite direction?

In an up down taht will setup as a bullish trade, you 'll see the price making lower lows but you'll see the indicator making higher low.

 Time Frame 5 min= Time expire 60 min.

Time Frame 15 min= Time expire 180 min.

 

Metatrader indicators:

ATM RSI Histo Triple Stochastic Divergence indicator;

Fibonacci Retracement: XIT Fib indicator.

 

The price should be above the upper Bollinger Bands indicator in case of a bearish divergence and in the same manner the price should be below the lower Bollinger Bands indicator in case of a bullish divergence.

 

When the bullish divergence is spotted (time frame 5 min), it is a signal for buying a 1 hour call option.

Buy When the red bars of the indicator ATM RSI Histo Triple Stochastih Divergence  retrace below the dottet black line.

Touch points are the Fibonacci Retracement: XIT Fib indicator.

 

In the same manner when a bearish divergence is spotted (time frame 5 min), it is a signal for buying a put option.

Sell When the blue bars of the indicator ATM RSI Histo Triple Stochastic Divergence retrace below the dottet black line.

Touch points are the Fibonacci Retracement: XIT Fib indicator.

 

 

This method of trading based on divergence can also be applied to Binary otions strategies High / Low but this method of trading is not for beginners.

binary options strategy one touch diverg
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Fibonacci Retracement: XIT Fibs indicator
Fibonacci Retracement: XIT Fib indicator draw fibonnacci retracement on the chart.
XIT_FIBS.rar
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ATM RSI Histo Truple Stochastic Divergence indicator
ATM RSI Histo Truple Stochastic Divergence indicator
ATM_RSI Histo TripleStoch Divergence Ale
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Binary options strategy one touch Divergence with bollinger bands time frame 15 min
Binary options strategy one touch Divergence with bollinger bands time frame 15 min
Binary options strategy one touch Divergence with bollinger bands time frame 5 min
Binary options strategy one touch Divergence with bollinger bands time frame 5 min

 

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Comments: 1

  • #1

    Ken (Sunday, 29 September 2013 18:10)

    I would like to test this ea, but when I download and unzip, i'm only getting a .tpl file, i'm i missing something?

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